Economy fiscal policy / Economy Maldives Impact 6.0/10 3 min read

Minister Highlights Fiscal Reforms and Support for Maldivian Enterprises at MSME Awards 2025

Finance Minister Moosa Zameer spoke at the Maldives MSME Awards 2025 on 28 November, outlining fiscal reforms under President Muizzu. He reported a reduction in fiscal deficit from 9.9% to 5.5% of GDP, a 40-week budget surplus, repayment of a USD 100 million sovereign bond, and the Sovereign Development Fund exceeding USD 100 million. Other measures include a USD 40 million SME Impact Fund, increased council transfers, and over 1,300 government projects completed. He emphasized support for MSMEs.

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Dec 2, 2025

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Finance Minister Moosa Zameer spoke at the Maldives MSME Awards 2025 on 28 November, outlining fiscal reforms under President Muizzu. He reported a reduction in fiscal deficit from 9.9% to 5.5% of GDP, a 40-week budget surplus, repayment of a USD 100 million sovereign bond, and the Sovereign Development Fund exceeding USD 100 million. Other measures include a USD 40 million SME Impact Fund, increased council transfers, and over 1,300 government projects completed. He emphasized support for MSMEs.

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